Co-op Bank Foundation announce 655 secondary school scholarships
Co-operative Bank of Kenya, has committed to offer scholarships to 655 financially disadvantaged students joining secondary schools and universities this year.
About 235 of the scholarships will be awarded through county governments with five students benefitting in each of the 47 counties.
The lender is currently sponsoring 159 university students selected from the top-performing beneficiaries of the secondary school scholarships.
Following this year’s intake, the scheme will have provided full sponsorship to 5,899 students, of whom 4,110 will have gone through secondary education and 140 through university.
“Our scholarship beneficiaries are selected at the grassroots level by co-operative societies across the country through a well-established national delegates system,” said Co-op Bank Group Chief Executive, Gideon Muriuki.
“Co-operative societies, who are the face of Kenya, identify well-performing students from disadvantaged backgrounds and bring these names into a regional forum where delegates debate and select the most deserving cases.”
Co-op Bank provides full scholarships for the entire four years of secondary education. University scholarships are awarded to the best-performing students from each region.
“Unless corporate institutions and all people of goodwill come together to support initiatives within the education sector, brilliant but needy Kenyans will never realise their full potential,” added Muriuki.
The programme is funded through the lender’s Co-op Foundation Scholarship Scheme launched in 2007.
